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Eicher Motors zooms as its motorcycle division reports 41% jump in November sales

01 Dec 2016 Evaluate

Eicher Motors is currently trading at Rs. 22320.00, up by 644.60 points or 2.97% from its previous closing of Rs. 21675.40 on the BSE.

The scrip opened at Rs. 21590.00 and has touched a high and low of Rs. 22433.90 and Rs. 21590.00 respectively. So far 5699 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 26601.95 on 29-Sep-2016 and a 52 week low of Rs. 14817.75 on 19-Jan-2016.

Last one week high and low of the scrip stood at Rs. 22500.00 and Rs. 19975.40 respectively. The current market cap of the company is Rs. 60839.05 crore.

The promoters holding in the company stood at 50.60%, while Institutions and Non-Institutions held 36.74% and 12.66% respectively.

Eicher Motors’ motorcycle division has reported a 41% jump in total sales in November 2016 at 57,313 units, as against 40,769 units in the same month last year. During November 2016, the number of motorcycle units exported, increased by 222% to 1470 units from 457 units in November 2015.

The company’s sales of vehicles with engine capacity up to 350 cc increased by 40% at 52,359 units in November 2016 against 37,455 units in the same period year ago, while the sales of its vehicles with engine capacity exceeding 350 cc increased by 49% at 4,954 units as against 3,314 units in November last year.

Eicher Motors is one of the leading manufacturers of commercial vehicle. It has manufacturing facilities located in Madhya Pradesh, Tamil Nadu, Maharashtra, and Haryana.

Eicher Motors Share Price

7189.40 57.75 (0.81%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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